Give your customers and potential customers a reason to buy from you, says Jannie Rossouw, Head: Sanlam Business Market.
Rossouw offers practical ideas to consider which, if implemented diligently, may convince more clients to buy from you.
You do not have to be the cheapest in the market, but there is a place for what I will call strategic pricing. Examples include:
Social media forums are creating platforms for clients to speak their mind about our business. It is mostly service delivery and product/service quality which are scrutinised. Are we sure that our customers have a consistently good experience from the moment they enter our business premises, while they shop, when they pay for their merchandise and when we render after sales services? These are all touch points to exceed client expectations.
Don’t be afraid to convince yourself that your business is incredible, but don’t expect others to be convinced without solid data to back it up
We might take this element as a given, but if a person’s CV states that they have certain skills or experience, it is no guarantee that they will be able to deliver the output you expect of them. Invest the time, effort and money to upskill your staff continuously. This will enhance the reputation of your business and attract new talent to your business. If we can get this right, we may become the “go-to place” in our industry.
If we choose to ignore our competition, they might be eroding our client base without us even knowing it. Keep an ear on the ground for new developments, sales, product/service innovation and advertisements. Forewarned is fore-armed as the saying goes.
Think of the things we can do to make it convenient for clients to choose us for their next purchase.
In the end it all boils down to what we do and not what we say we do. This quote by Palmer Luckey (American businessman) summarises it very well: “Don’t be afraid to convince yourself that your business is incredible, but don’t expect others to be convinced without solid data to back it up. Ideas can be a worth a lot, but they are usually not. Execution is everything.”
To support business owners with the important task of business planning, Sanlam gives you free access to the book Your Annual Business Game Plan for Success, which provides an easy and straightforward framework needed to draft a well-crafted game plan that will create the positive change and growth necessary for business success. Go to www.sanlamgameplan.co.za to download your free copy.